Trump says a new 50% tariff on copper imports is coming

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Last edited Tue Jul 8, 2025, 02:34 PM - Edit history (1)

Source: CNN Business

Updated 2:09 PM EDT, Tue July 8, 2025


CNN — President Donald Trump said Tuesday he’s imposing a new 50% tariff on all copper. However, it’s unclear when the new tariff would take effect.

“Today we’re doing copper,” he said at a Cabinet meeting, adding that he believed the rate will be 50%.

This would mark the fourth across-the-board tariff Trump has imposed during his second term. Currently, imported cars and car parts face a 25% tariff while imported steel and aluminum face 50% tariffs.

Trump ordered a Section 232 investigation into copper imports in February.

Read more: https://www.cnn.com/2025/07/08/business/trump-copper-tariff

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Article updated.

Original article/headline -

Trump says 50% tariff on copper coming Tuesday

Updated 1:23 PM EDT, Tue July 8, 2025


CNN — President Donald Trump said a new 50% tariff on all copper imports will come Tuesday. However, he did not specify when the new tariff would take effect.

“Today we’re doing copper,” he said at a Cabinet meeting, adding that he believed the rate will be 50%.

This would mark the fourth across-the-board tariff Trump has imposed during his second term. Currently, imported cars and car parts face a 25% tariff while imported steel and aluminum face 50% tariffs.

Trump ordered a Section 232 investigation into copper imports in February.